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If you’re in the UK construction industry then you probably have a love/hate relationship with letters of intent… you love to use them but hate the consequences. They’re mini-contracts with major problems.
“The letter of intent video package from 500 Words is clear, engaging and professional. It avoids the trap others fall into if being wooden and/or patronising. Tools like this are perfect for both development and construction companies. It is excellent.”
– Russell Deards, Group General Counsel & Company Secretary, Henry Boot PLC
“This series of videos on letters of intent is incredibly easy to watch and highly informative. Once you start on video 1 you just want to carry on and complete the entire series. In my view this is a must for project managers and QSs.”
– Nick Cordon, Project Manager, Keller Foundations
Contracts are meant to help you do business, and in a hurry. If that’s the case for you, then you need a letter of intent which is:
Employers like them as it keeps the project to its programme (or so they think). Contractors need them so they don’t start work at risk. Letters of intent are meant to be a temporary quick-fix solution.
I’ve seen many mistakes by letter of intent users including:
If that’s your experience, you’re not alone. This three-part video series shows how you can make letters of intent work for you.
Letters of intent, like all contracts, are meant to help you do business. But that aim is often sacrificed on the altar of speed.